Chemours Balance Sheet Health
Financial Health criteria checks 1/6
Chemours has a total shareholder equity of $659.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 605.8%. Its total assets and total liabilities are $7.5B and $6.8B respectively. Chemours's EBIT is $489.0M making its interest coverage ratio 1.9. It has cash and short-term investments of $596.0M.
Key information
605.8%
Debt to equity ratio
US$3.99b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$596.00m |
| Equity | US$659.00m |
| Total liabilities | US$6.80b |
| Total assets | US$7.46b |
Recent financial health updates
Recent updates
Chemours' (NYSE:CC) Earnings Offer More Than Meets The Eye
Nov 12
Is It Too Late To Consider Buying The Chemours Company (NYSE:CC)?
Sep 25Chemours: We're Back Down To Trough And A 'BUY'
Sep 01Chemours: Upside After Irregularities, Good 2024-2026E
Jun 11The Chemours Company's (NYSE:CC) Low P/S No Reason For Excitement
May 30Drama At The Chemours Company Opens The Door For Upside
Mar 29The Chemours Company (NYSE:CC) Not Doing Enough For Some Investors As Its Shares Slump 37%
Mar 01Chemours: The Case Amidst Board Trouble, I Say Buy The Weakness
Feb 29Chemours (NYSE:CC) Has Announced A Dividend Of $0.25
Feb 17Chemours: Technological Innovation Presents Excellent Opportunities For Growth
Dec 23Chemours (NYSE:CC) Will Pay A Dividend Of $0.25
Oct 30The Chemours Company (NYSE:CC) Shares Could Be 21% Above Their Intrinsic Value Estimate
Oct 28Chemours: Volatile Bottom Line Needs Consistency
Oct 06The Chemours Company: Portfolio Optimization Resulting In Compounding Growth
Sep 19Chemours (NYSE:CC) Takes On Some Risk With Its Use Of Debt
Jul 18Is There An Opportunity With The Chemours Company's (NYSE:CC) 48% Undervaluation?
Jul 03The Chemours Company: On A Nice Run
Jul 03Financial Position Analysis
Short Term Liabilities: CC's short term assets ($3.1B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: CC's short term assets ($3.1B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CC's net debt to equity ratio (515.3%) is considered high.
Reducing Debt: CC's debt to equity ratio has increased from 486% to 605.8% over the past 5 years.
Debt Coverage: CC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CC's interest payments on its debt are not well covered by EBIT (1.9x coverage).